Air Freight News
Philippines shuts No. 2 Airport after plane overshoots runway
The second-biggest airport in the Philippines has been closed after a Korean Air Lines Co. plane overshot the runway when trying to land in poor…
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One grounded A380 Superjumbo needs 4,500 hours of work to fly again
Returning just one grounded A380 superjumbo back into the air requires 4,500 hours of work, Qantas Airways Ltd. Chief Executive Officer Alan Joyce said, highlighting…
Jokowi’s Metals Downstreaming Push Leads to Record FDI Surge
Foreign-direct investments into Indonesia surged by the most on record, driven by the metals industry as President Joko Widodo pushes ahead with his commodities downstreaming…
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China’s crude imports and refining surge after maintenance
China’s oil imports and crude processing surged last month as refineries returned from seasonal maintenance, while net exports of fuel products jumped after the allocation…
China’s export growth slows as global demand weakens
China’s export growth slowed in September, while imports remained weak as global demand cools.
Taiwan needs diverse trade amid US-China row: Finance chief
Taiwan needs to diversify its trade away from China, the island’s finance minister said, citing uncertainties created by Covid Zero and rising geopolitical tensions between…
Korean airplane overruns runway while landing in Philippines
A Korean Air Lines Co. plane overran the runway Sunday while attempting to land during bad weather in the Philippines.
RBA’s Kent says it’s not yet worried about imported inflation
Australia’s central bank isn’t yet worried about the risk of imported inflation from a falling currency as the depreciation to date has been narrowly-based and…
Saudi wealth fund in talks with Boeing, Airbus to order 80 jets
Saudi Arabia’s Public Investment Fund is in talks with Boeing Co. and Airbus SE regarding orders for about 80 jets, the first aircraft purchases for…
US holiday air travel may be more turbulent than summer’s frenzy
The US travel industry expects this holiday season to be busy enough to make last summer’s turmoil seem orderly.